Category: News
Morgan Stanley has made remarkable progress in advancing its commitment to finance sustainable and low-carbon investments, nearing the two-thirds mark of its ambitious target to reach US$1 trillion by the end...
Singapore’s first smart and clean energy-powered service stations have been unveiled. This project was developed following an innovation grant awarded to Singapore renewable energy solutions provider Eigen Energy in March...
The announcement marks a major milestone for Low Carbon’s ambitions in the North American market as it targets the creation of 20GW of new renewable energy capacity by 2030 Global...
bp ventures has made a £4 million investment in Dynamon, a UK-based software company that specializes in developing advanced data analytics and simulation tools for commercial transport and logistics companies....
In American Express’ 2022-2023 Environmental, Social and Governance Report, the company is highlighting its progress against the core pillars of its ESG strategy: Build Financial Confidence, Advance Climate Solutions and...
World of Care annual reporting includes progress in advancing care for the planet, people and responsible business Hyatt Hotels Corporation published Hyatt’s 2022 World of Care Highlights and Diversity, Equity & Inclusion (DE&I)...
Grant funding prioritized for areas already overburdened by air pollution The U.S. Environmental Protection Agency (EPA) announced the availability of $115 million in grant funding for projects that cut harmful...
ProLogium, an energy innovation company specializing in the R&D and manufacturing of next-generation EV solid-state battery solutions has selected France as the location for its first large-scale solid-state battery manufacturing...
The 15-year agreement will enable SodaStream to transition to 100% renewable energy by the beginning of 2024 at all of its global production sites in Israel. As the world’s leading sparkling...
The final episode of PUMA’s RE:GEN REPORTS is now available to stream: ‘When it comes to Health and Safety, does the West know best?’. In this episode, hosted by the Head of...
AI and blockchain-based solution helps establish a sustainable supply chain with business partners The HBAR Foundation announced that Hyundai Motor Company and Kia Corporation have introduced an AI-enabled, blockchain-based Supplier CO2 Emission...
Airbus, BMW Group and Quantinuum, world leaders in mobility and quantum technologies, have developed a hybrid quantum-classical workflow to speed up future research using Quantum Computers to simulate quantum systems,...
LG Electronics announced the publication of its 2022-2023 Sustainability Report, officially disclosing its achievements and strategy for each area of the six strategic tasks, which have been carefully designed to...
Nissan Motor Co., Ltd. issued its inaugural ESG data book comprehensively summarizing all initiatives and providing transparent disclosure of environmental, social and governance data. The book lists the initiatives in support of...
BBVA and Wallbox, one of the world’s leading providers of electric vehicle charging and energy management solutions, have signed a €25 million financing agreement, with which the bank intends to...
Company aims to reach goal by using less plastic, more recycled content, and alternatives to plastic The Kraft Heinz Company announces a new goal in 2023 to reduce the use...
The European Investment Bank (EIB) is financing Munich-based VoltStorage GmbH with a venture debt loan of €30 million. The aim is to co-finance the development and commercialisation of innovative Vanadium redox flow...
Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Global Impact Corporate Bond Fund and the Goldman Sachs USD Green Bond Fund, which aim to enable fixed...
American Water, the largest regulated water and wastewater utility company in the U.S., announced that it has issued its seventh biennial Sustainability Report covering its industry leadership and performance on...
The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. The renewable...
Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency. The transaction represents the first...
IBM launched a new tool to help enterprises track greenhouse gas emissions across cloud services and advance their sustainability performance throughout their hybrid, multicloud journeys. Now generally available, the IBM...
The Home Depot released its 2023 ESG Report. The report provides details on the company’s progress on its ESG pillars: Focus on our People, Operate Sustainably and Strengthen our Communities. This...
PepsiCo and Walmart announced a 7-year collaboration to pursue $120 million worth of investments focused on supporting U.S. and Canadian farmers in their pursuit to improve soil health and water quality. By establishing...
RMI and UID establish Happy Energy Action Leadership Program to deliver on Indonesia’s Just Energy Transition Commitments. United in Diversity (UID) and RMI signed a memorandum of understanding, formalizing a...
Hess Corporation announced publication of its annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on ESG programs and initiatives. “In keeping with our company’s...
ESG Book, a global leader in sustainability data and technology, released new analysis showing that financially material, industry-relevant ESG disclosure levels remain low, despite a widespread increase in overall sustainability...
A landmark new investment by IFC is aiming to boost access to finance for Türkiye’s SMEs–with a focus on women-owned smaller businesses and those helping the country adapt to climate...
NYGB’s First Purely Energy Storage Transaction is Backed by NineDot’s Grid Interconnection Portfolio NineDot Energy, a leading developer of community-scale clean energy projects, announced the closing of a new $25...
Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. There was exceptionally strong appetite from regional and international investors with...
Impala and Exor will partner through a new joint holding company, TagHolding, which will become TagEnergy’s largest single shareholder Impala, the investment firm controlled by Jacques Veyrat and his family,...
The World Economic Forum announced during the G20 Energy Ministers’ meeting the launch of India’s first zero-emission road freight cluster initiative in an effort to reduce the country’s greenhouse gas...
Climate Fund Managers (CFM), a leading climate-centric blended finance fund manager and manager of renewable energy focused blended fund, Climate Investor One, announced that CI1 achieved commercial close of a $102...
New investment in human capital ensures Barclays is providing innovative solutions for clients to achieve net zero Barclays is pleased to announce the appointment of three new senior hires in...
AXA IM Alts, a global leader in alternative investments with over €185 billion of assets under management, announces a USD $49 million commitment, on behalf of its AXA IM Alts’...
Albuquerque, Atlanta, Chicago, Los Angeles, and Wilmington Nonprofits Receive Inaugural Funding The Bezos Earth Fund announced a $400 million commitment to enhance green spaces in underserved urban U.S. communities with...
Newly-built wind farms will produce renewable electricity to power EverWind’s green hydrogen and ammonia production, securing Nova Scotia’s green fuels leadership EverWind Fuels, Canada’s most advanced large-scale green hydrogen project,...
In partnership with The LEE Initiative and Southern Restaurants for Racial Justice, HEINZ Black Kitchen Initiative grants help foster long-term business success As a brand that’s been on tables for...
EPA seeking applications to two Greenhouse Gas Reduction Fund competitions to advance clean technology projects in communities across the country The U.S. Environmental Protection Agency (EPA) launched two Notices of...
The Coca‑Cola Company made headlines in early 2022 with the announcement of a new goal supporting its World Without Waste global sustainable packaging strategy: By 2030, 25% of its global product volume...
Emburse, the global leader in spend optimization, releases the findings of its latest research on attitudes towards sustainability among British business travelers. The Censuswide survey of 1,003 employees and 254...
American Airlines issued its 2022 Sustainability Report, providing updates on the company’s strategy and progress on key issues over the year. The report affirms American’s focus on the sustainability issues most...
The EU Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe’s...
During the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government, the European Investment Bank (EIB) will announce the signature of several loans to...
Two new pieces of research show that solar and wind are growing faster than expected: Rapid growth in solar, wind and battery deployment means that by 2030 the global electricity...
Agriculture Secretary Tom Vilsack announced the U.S. Department of Agriculture (USDA) will invest $300 million through President Biden’s Investing in America agenda to improve measurement, monitoring, reporting and verification of...
Apple joined Acumen in a new effort to support social enterprises in India to improve livelihoods through clean energy innovation. Through the Energy for Livelihoods Accelerator, Acumen experts will lead a...
$137.7 Million Fund to Focus on Key Investments in Packaging, Decarbonization and Other Initiatives with the Potential to Reduce the Coca-Cola System’s Carbon Footprint The Coca-Cola Company and eight bottling...
Ahead of the seventh Ministerial on Climate Action, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, on behalf of the Honourable Harjit S. Sajjan, Minister of International Development and...
Transformational plan projects $2.5 billion in reduced future costs to customers while building enough Michigan-made renewables to power ~4 million homes DTE Energy announced a historic settlement agreement with nearly two...
Iberdrola, one of the world’s largest renewable energy companies, and Vodafone, the largest pan-European and African telecoms company, have signed new clean PPA in Spain and Portugal, adding to a recent agreement...
Company provides its path to net zero, outlining goal to reduce emissions across full value chain Lowe’s 2022 Corporate Responsibility Report details the company’s advancements in product sustainability, operational excellence and community...
LeapFrog Investments, the Profit with Purpose firm, plans to commit US$500m to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people....
Over the past five years, season after season, Levi’s has introduced new products that meld innovative design thinking with an overriding commitment to sustainability. Now, in conjunction with the 150th...
Final rule will implement 40% reduction starting in 2024 while advancing U.S. manufacturing and innovation The U.S. Environmental Protection Agency (EPA) announced the latest action to phase down the use...
Selected Projects will Help Local Communities Accelerate Deployment of Carbon Management Technology to Capture and Permanently Store Carbon Dioxide Emissions from Industrial and Power Facilities The U.S. Department of Energy...
Global ammonia trade expected to increase ten-fold as demand for low-carbon ammonia used for shipping fuel and power generation transforms market The global market for ammonia is poised to triple...
Without a single sales contract in hand, Dutch fertilizer company OCI is building a $1 billion plant in Texas to produce ammonia with low greenhouse gas emissions, a gamble requiring heavy...
The joint venture between Plenitude and CDP Equity continues to expand through new plants with a total capacity of up to 200 MW. The photovoltaic farms are set to be...
On June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received –...
“Our Best Today, Better Tomorrow” GUESS released its FY 2022-2023 ESG Report, “Our Best Today, Better Tomorrow,” highlighting 9 years of meaningful reporting progress and its sustainability commitments for the...
Revisions to EPA’s Greenhouse Gas Reporting Program required by President Biden’s Inflation Reduction Act would improve accuracy of the sector’s reported methane emissions, one of the major drivers of climate...
Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80), have adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships,...
Duke Energy customers in Northern Kentucky are benefiting from additional clean, renewable solar energy as a result of a new utility-scale rooftop solar project now generating power for area homes and businesses....
DHL Express, the world’s leading international express service provider, has onboarded new customer, Linklaters, on its GoGreen Plus service to reduce carbon emissions for its time-definite international shipments through the...
PUMA has signed up for the Deforestation-Free Call to Action for Leather, launched by global non-profits Textile Exchange and Leather Working Group, which aims to create equitable, transparent, and deforestation-free leather...
The ten-year bond issue, supported by strong demand, demonstrates the strong support and confidence investors have in the company. See related article: Iberdrola Introduces Global Green Employment, the Largest Platform...
bp expanded its investment in bioenergy as bp ventures committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven, scalable technologies...
SmartestEnergy Australia has signed a 8-year agreement with Woolworths Group to supply electricity to its entire operations in New South Wales and the Australian Capital Territory. The agreement will enable a transition to...
More than 300 new electric vans from Rivian will hit the road in Germany in the coming weeks The state-of-the-art vehicles provide drivers with an entirely new working environment, including...
Yesterday saw the successful conclusion of the placement of the new Sustainability-Linked Bond of Aeroporti di Roma, which directly links the cost of debt to the sustainability results actually achieved....
Moray West, a major offshore wind farm development 22km off the coast of the Moray Firth, is expected to supply 50 percent of Scotland’s electricity, which will generate enough power...
NextEnergy Capital, the leading global solar specialist in the renewables sector, is delighted to announce the first close of its fifth investment vehicle NextPower V ESG, a flagship OECD-focused solar strategy...
The governing board of the Climate Investment Funds (CIF) endorsed a $70 million plan to support grid flexibility for clean energy integration in Brazil. The concessional finance from CIF’s Renewable...
New federal agency collaboration leverages investments made possible by President Biden’s Investing in America agenda to protect communities from harmful pollution The U.S. Environmental Protection Agency (EPA) and U.S. Department...
The Bezos Earth Fund announced it has awarded $50 million in grants to support conservation and sustainable development in the Amazon. The announcement was made during a convening with leaders...
The World Bank’s Board of Executive Directors approved $1.5 billion in financing to accelerate India’s development of low-carbon energy. The financing will help India promote low-carbon energy by scaling up...
BASF and Yara Clean Ammonia are collaborating on a joint study to develop and construct a world-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast...
Fifty years ago, Plant Rosslyn was the BMW Group’s first foreign facility. It has since become a mainstay of the global production network. To mark its silver jubilee, Milan Nedeljković,...
PepsiCo, Inc. published its 2022 ESG Summary, sharing the first full year of reporting since the launch of PepsiCo Positive (pep+) in 2021. pep+ is an end-to-end transformation program touching virtually every aspect...
EPA seeking applications through the Greenhouse Gas Reduction Fund to bring solar to millions of homes in low-income and disadvantaged communities, funded by President Biden’s Inflation Reduction Act The U.S....
The Asian Development Bank (ADB) approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric...
(re)boot and AKQA Bloom join forces to tackle the waste crisis in sports AKQA Bloom & (re)boot have joined forces with Inter Miami to tackle the pressing issue of waste...
General Motors released its 2023 Sustainable Finance Report, as governed by GM’s Sustainable Finance Framework. In the report, the company provides an update on the allocation of net proceeds of...
This morning, Iberdrola laid the virtual foundation stone of Global Green Employment (GGE), a major green employability project that represents a new milestone in the company’s commitment to a future involved with...
bp ventures has invested €7.5 million in the Service4Charger GmbH, a Berlin-based provider for the planning, installation, operation and maintenance of EV charging infrastructure. bp ventures is leading Service4Charger’s €10...
Expansion of AZ Forest programme raises commitment to plant 200 million trees across six continents by 2030 New reforestation projects in Brazil, India, Vietnam, Ghana and Rwanda in addition to...
GuocoLand Limited has secured a S$974 million green club facility from DBS Bank, United Overseas Bank, Oversea-Chinese Banking Corporation and Sumitomo Mitsui Banking Corporation for the refinancing of the commercial...
Projects range from housing and community centers to first responder facilities and outdoor spaces, including a project nominated by music icon Lionel Richie in his hometown of Tuskegee, Alabama Lowe’s announced the...
The Secretariat of the Climate Data Steering Committee, Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) have signed a MoU to collaborate on strengthening access by stakeholders around...
More than 50 CEOs have come together to join the World Economic Forum’s new Airports of Tomorrow initiative. From equipment manufacturers and fuel producers to engineering firms and airports, these...
Funds Are Being Provided by President Biden’s Inflation Reduction Act; USDA Awards First Round of Funding to 59 Infrastructure Projects U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that...
General Motors Co. and Element 25 Limited announced an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to support the annual production of more than 1 million GM...
IFC and First Balfour, a leading engineering and construction company in the Philippines, have agreed to collaborate to ramp up efforts to decarbonize the transport sector, supporting the country’s climate...
Finance Secretary Benjamin E. Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed four (4) loan agreements amounting to US$1.14 billion on June 26, 2023 at the...
Insightia module enables customers to measure climate performance and set actionable targets by benchmarking ESG scores from Clarity AI, including scope 1-3 emissions data, against the wider market Diligent has...
The Home Depot expects that by the end of fiscal year 2028, more than 85% of U.S. and Canada’s sales in outdoor power equipment, specifically push lawn mowers and handheld...
Studio Leaders Steer New Cleantech Initiative With Nonprofit RMI Entertainment and studio leaders Netflix and The Walt Disney Company launched the Clean Mobile Power Initiative with the participation and support...
As part of its bold Zero Hunger | Zero Waste plan, The Kroger Co. announced that, upon completion of the merger with Albertsons Cos., the combined company will donate 10...
Today, on the occasion of the Summit for a New Global Financing Pact, which aims to build a new consensus for a more inclusive international financial system, Senegal and the...
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